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Dec 21, 2012
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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Dec 27, 2012
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 28, 2012
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 26, 2012
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house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the
house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official...
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Dec 27, 2012
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starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. fir
starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish...
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Dec 27, 2012
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>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is not an immaterial risk. positioning portfolios, this is not an environment to hide and cash in treasuries but not blindly buy any and all equities out there, you pick the risks you take, buy quality dividend companies to protect those portions of your portfolio you're taking some equity risk with. use covered calls and sell options to cap your upside but give you extra cash flow in the other two environments, then use other defensive mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payme
>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is...
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Dec 26, 2012
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we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former
we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the...
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Dec 28, 2012
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...
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Dec 28, 2012
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>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's 20%. if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some go
>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's...
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Dec 27, 2012
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to be watching the news out of washington. we're going to be watching the vices to get a gauge of good opportunities to buy high quality dividend-paying stocks. >> okay. all right, brickland, going to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen eye on that and more importantly, we'll have our keen eye on discussions surrounding the 2% payroll tax cut which has been quite absent. so, hopefully tomorrow we'll see some sort of progress on that front. >> all right, gentlemen, thank you both for, all three for joining us today and we will watch very carefully. tomorrow could be very, very interesting. that does it for us. thank you for watching. >> indeed. "fast money" starting right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's t
to be watching the news out of washington. we're going to be watching the vices to get a gauge of good opportunities to buy high quality dividend-paying stocks. >> okay. all right, brickland, going to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen...
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Dec 28, 2012
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yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has really not allowed the debate to happen so as a result we've got all of this stuff happening and my fear is we're going to get lost. let's not forget, we've seen prices increase over the past two years dramatically, and especially after this summer's drought, prices went up even more. they're go
yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to...
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Dec 26, 2012
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meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>> what kind of levels are we talking about? >> right now we're sitting around 8570. i would comfortably sell the dollar against the yen there. i would put a stop loss at 8715 and my target is 8265. >> nice to see you. hope you had a good holiday. look forward to catching up with you. >> likewise. >> guys, what do you make of what we've seen in dollar yen? weiss, do you have a play? doc? >> well, their market turned on this pretty dramatically. it posted up 1.5% gain on the weakness out of the yen. so if that continues into next year, scott, which based on what he's just said that will not happen, in other words, we're looking at more down side pressure, i think that's good for the markets though. >> joe, tell me why the viewer watching right now should care about what the yen does? >> they should care. this is a se
meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>> what kind of levels are we talking about? >> right now we're sitting around 8570. i would comfortably sell the dollar against the yen there. i would put a stop loss at 8715 and my target is 8265. >> nice to see...
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Dec 17, 2012
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washington has set up already. so we get some sort of clarity, some sort of a plan, that's what the businesses have been asking for but it's not going to change things until late 2013, if not into two 2014. >> i think you're right, they've made their plans. in the environment changes they have all this cash they can make changes and make increment at purchases. at a plant somewhere, hire a worker or two, engage in m&a if they have more confidence in the future. so i think they can turn things around. but they need more confidence and that's a big if. >> bob's going to be with us for the rest of the hour. >> okay, you've got comments, questions about anything you see on "squawk," shoot us an e-mail, you can also follow us on twitter @squawkcnbc is our handle. when we return, the tragedy in newtown parking the gun control controversy in washington. we're going to talk about it, and then later, why hovnanian is betting on boomerang buyers. the company's ceo is here as we get ready for key housing data later this week.
washington has set up already. so we get some sort of clarity, some sort of a plan, that's what the businesses have been asking for but it's not going to change things until late 2013, if not into two 2014. >> i think you're right, they've made their plans. in the environment changes they have all this cash they can make changes and make increment at purchases. at a plant somewhere, hire a worker or two, engage in m&a if they have more confidence in the future. so i think they can...
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a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an environment of a slow, recovering economy. >> right. >> europe having ring fenced their problems. not solved them. but ring fenced them. and we're seeing the actions of the banks making their changes. it apyrpears to us we're at the early stage of a capital markets recovery as you start seeing the solutions work their way through. >> right. >> in to 2014 retailer investor begin to move into equities and out of fixed income. >> we can only hope. >> yeah. so let me ask you with that. do you go with those where margins are highest like a goldman? do you go where the geographic reach is broadest like a city? your favorite picks are goldman, some of the big center maxim right? >> citi certainly has an advantage in its position internationally as asia picks up citi is goi
a lot of washington circus going on. we, you know, i think it's pretty reasonable to assume that no politician, no libertarian would ever want the u.s. to default on its debt. so by march we should have a solution to that. then what we are is we're back in an environment of a slow, recovering economy. >> right. >> europe having ring fenced their problems. not solved them. but ring fenced them. and we're seeing the actions of the banks making their changes. it apyrpears to us we're...
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Dec 27, 2012
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they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. we go over the cliff, we will be left with the knowledge that could have been prevented with a single vote and the republican-controlled house of representatives. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i served in the house of representatives. there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. everyone knows, including the speaker of the house house of representatives today, that if they had brought the house -- i'm sorry, the senate-passed bill that would give relief to everyone making less than $250,000 a year, it would pass overwhelmingly. every democratic would vote for it and republicans would vote for it. but the speaker, he says no, we can't do that t ha
they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. we go over the cliff, we will be left with the knowledge that could have been prevented with a single vote and the republican-controlled house of representatives. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have changed around here. i...
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Dec 23, 2012
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turned in her resignation letter to secretary clinton and left washington. she resumed her princeton professorship and life in new jersey with her husband and two teenage sons. in the wake of her departure, slaughter wrote a cover story for "the atlantic magazine" why women still can't have it all. within days, the piece became the most read in t"the atlantic's" history. tonight, she takes us behind that personal decision that became a raging public debate. explain the intensity of that kind of job, because it's really much more than what many people think. thisst is a more intense job th senior jobs in the private sector. >> it's certainly comparable. it's an assistant secretary job, which means you're on pretty much all the time. you're the head of the secretary of state's private think tank. that means you cover the entire world, just as she does. and you're on for everything she needs you to do. and every sort of -- the longer-term planning and you work pretty much round the clock. >> so you're working probably six days a week? >> absolutely. now, i comm
turned in her resignation letter to secretary clinton and left washington. she resumed her princeton professorship and life in new jersey with her husband and two teenage sons. in the wake of her departure, slaughter wrote a cover story for "the atlantic magazine" why women still can't have it all. within days, the piece became the most read in t"the atlantic's" history. tonight, she takes us behind that personal decision that became a raging public debate. explain the...
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Dec 25, 2012
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had i been in washington i probably would have been working seven days a week. >> generally speaking, you would get into the office what time in the morning and leave at what time? >> it would begin between 6:00 and 7:00 in the morning and it would end around 11:00 at night. >> every day. >> pretty much. >> and many of these meetings can't be rescheduled. i mean, you have a meeting between 20 countries in kazakhstan and it's going to happen, it has to happen. if you have a personal problem, there's no way to reschedule. >> no, absolutely not. i always say you can't tell the egyptian revolution hold, i have got to go home, come back on monday. you have to respond, you have to be there. >> you enjoyed the job. >> i did. >> this was in some ways your dream job. >> yes, it was. >> but then two years into it you decide you're going to leave. >> yeah. because the hard part was actually realizing i've always been somebody who wants to do these jobs, foreign policy is my passion, and yet actually i'm also a mother and i want to be at home for the last five years that my children are at home a
had i been in washington i probably would have been working seven days a week. >> generally speaking, you would get into the office what time in the morning and leave at what time? >> it would begin between 6:00 and 7:00 in the morning and it would end around 11:00 at night. >> every day. >> pretty much. >> and many of these meetings can't be rescheduled. i mean, you have a meeting between 20 countries in kazakhstan and it's going to happen, it has to happen. if...
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Dec 30, 2012
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thanks for watching "state of the union" i'm candy crowley in washington. if you missed any part of today's show, find us on itunes. just search "state of the union." stay with cnn for continuing coverage of the fiscal cliff negotiations. fareed zakaria "gps" is next. >>> the great french writer albert camel said life is a sum of all your choices. we're all defined by the choices we make every day, we make hundreds of them. paper or plastic, chicken or fish, most are mundane and require little thought, but others are agonizing, often life altering and then there are the decisions made by leaders. some of which have changed the course of history for better and some for worse. july 1776, the founding fathers decision to declare independence. january 1863, abraham lincoln's decision to emancipate all persons held as slaves. june 1941, adolf hitler's decision to invade the soviet union. august 1945, president truman's decision to use an atomic bomb against japan. tonight, we'll examine the process of making a tough decision. we'll hear about major decisions on
thanks for watching "state of the union" i'm candy crowley in washington. if you missed any part of today's show, find us on itunes. just search "state of the union." stay with cnn for continuing coverage of the fiscal cliff negotiations. fareed zakaria "gps" is next. >>> the great french writer albert camel said life is a sum of all your choices. we're all defined by the choices we make every day, we make hundreds of them. paper or plastic, chicken or...
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and so maybe when it comes to the relationships here in washington, it's a good thing that it's these two men that are working together and you're right, it does rest on their shoulders right now. >> dana bash, covering the stories for us on capitol hill. i have with me michael crowley, and a.b. stoddard and jessica yellen. >> it's great if the two can come to an agreement and the white house loves it, but it's always been the house that's been the sticking point. what do you think the scenario is there, a.b.? >> that's going to be tough for the house speaker. he said on friday in meeting with all the leaders and the president that he wanted to bring something up. might be amended and sent back to the senate. he doesn't know what's in there. how much money the democrats are going to push for to cover the medicare doc fix. the uninsurance -- excuse me, unemployment insurance that is going to lapse at the end of the year and put 2 million people out of reach of a check. and there's other issues. the alternative minimum tax. a lot of money that they're scrambling to find as they also dea
and so maybe when it comes to the relationships here in washington, it's a good thing that it's these two men that are working together and you're right, it does rest on their shoulders right now. >> dana bash, covering the stories for us on capitol hill. i have with me michael crowley, and a.b. stoddard and jessica yellen. >> it's great if the two can come to an agreement and the white house loves it, but it's always been the house that's been the sticking point. what do you think...
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. >> with us now are ryan lizza, the new yorker magazine's washington correspondent and cnn's senior political analyst ron bram's team. thank you both for coming in. ron, you wrote an interesting column, i just read it, in the national journal about democrats having a more unified coalition after the election in november. what sort of negotiating advantage is that supposed to give them in the fiscal cliff situation. >> i think it's almost the inverse of what we saw in 2010 after big democratic losses in that election. the caucus was divided in the house and senate on whether to extend the bush tax cuts for everyone. republicans were unified, they insisted it be extended for everyone. president obama ultimately made a deal to extend them as you know, for two years for all taxpayers, which is how we are where we are now. democrats are virtually in lock step showing cracks, saying maybe we need to extend for those in the middle. it's a different circumstance. i think the leverage on the tax side, at least is clearly with the democrats, stalemates mean the tax cuts expired and democrats
. >> with us now are ryan lizza, the new yorker magazine's washington correspondent and cnn's senior political analyst ron bram's team. thank you both for coming in. ron, you wrote an interesting column, i just read it, in the national journal about democrats having a more unified coalition after the election in november. what sort of negotiating advantage is that supposed to give them in the fiscal cliff situation. >> i think it's almost the inverse of what we saw in 2010 after big...
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Dec 24, 2012
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he represented hawaii in washington for five decades since hawaii became a state in 1959. the 88-year-old senator was a war hero. he lost his arm. president obama attended the funeral. the president said he was his political inspiration. those are your headlines. i'm don lemon. >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security advise secretly flew to china, beginning a string of meetings that would eventually open that isolated eastern nation to the western world. that opening checked soviet expansionism and in a sense was the beginning of the end of the cold war. >> this was the week that changed the world. >> it was also the beginning of china's entry into the world economy, which has resulted in that country becoming the world's second largest economy. >> red china's -- >> but back then, the idea of a reproachment with china would have been rejected as pure fantasy. china was a radical revolutionary communist regime that had been fig
he represented hawaii in washington for five decades since hawaii became a state in 1959. the 88-year-old senator was a war hero. he lost his arm. president obama attended the funeral. the president said he was his political inspiration. those are your headlines. i'm don lemon. >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security advise secretly flew...
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Dec 22, 2012
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when might they come back to washington? and is there still a chance of a deal even though time is running short? >> yeah, if you try to go to a door to door in washington, you'd be walking a long time before anybody answered the doors. everyone has gone home for the christmas break, but everyone has also said they expect to be back some time next week. president obama was saying he would work with lawmakers next week some time after christmas. chance the house and senate could be back in around the 27th. that gives them four days at best to beat the deadline. so it's going to be a lot of work that would have to be done in a little amount of time. randi? >> not looking good. emily schmidt. thank you so much. >>> well, days before christmas, the airports have been packed while some highways are near empty. all signs of the severe weather in the midwest that is now heading east. just listen to that wind. the system that caused this blizzard in iowa and wisconsin traveled through ohio and is now hitting pennsylvania and upstate
when might they come back to washington? and is there still a chance of a deal even though time is running short? >> yeah, if you try to go to a door to door in washington, you'd be walking a long time before anybody answered the doors. everyone has gone home for the christmas break, but everyone has also said they expect to be back some time next week. president obama was saying he would work with lawmakers next week some time after christmas. chance the house and senate could be back in...
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Dec 19, 2012
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more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> good morning. thank you so much for joining me. i'm carol costello. it is now 30 minutes past the hour. time to take a look at what we're watching right now in the "newsroom." the vice president joe biden taking a lead role as the white house looks to address the gun debate. at 11:45 this morning eastern time, president obama expected to announce that joe biden will head an interagency process to develop policy following the connecticut school shooting. specific policy decisions won't be announced today, but the president will outline his plan going forward. >>> in the wake of the shooting at sandy hook elementary school, one senator
more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> good morning. thank you so much for joining me. i'm...
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Dec 28, 2012
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jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also go out and lobby the american people to pressure congress to get something done. again, the democrats are insistent that they have been clear on the outlines of what a deal would look like, to raise taxes on those earning $250,000 and more, and keep them where they are for e
jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we...
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Dec 28, 2012
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can washington save us with just five days to go? >>> plus, a proposal to give guns to school principals is gaining support. we're "outfront" with an arizona sheriff who's backing that plan. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate majority leader harry reid says we're all headed for fiscal disaster. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left before the first of the year, aren't here. >> we're now told the house will finally return to work on sunday. now, that's december 30th. in other words, less than 48 hours before we go over the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania
can washington save us with just five days to go? >>> plus, a proposal to give guns to school principals is gaining support. we're "outfront" with an arizona sheriff who's backing that plan. >>> and the 2012 election was all about viral videos, tonight we're counting down our favorite political video of the year. let's go "outfront." >>> i'm john avalon in for erin burnett. "outfront" tonight, a stark warning from capitol hill. senate...
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Dec 21, 2012
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happy holidays, washington. for more in depth coverage of the issues, tune into "your money" at saturday at 1:00 and sunday at 3:00 p.m. eastern. i'm out. 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to h
happy holidays, washington. for more in depth coverage of the issues, tune into "your money" at saturday at 1:00 and sunday at 3:00 p.m. eastern. i'm out. 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. starts with arthritis...
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Dec 21, 2012
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democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy, and he simply won't deal honestly with entitlement reform and the big issues that are facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to work with our colleagues in the house and the senate on a plan that protects families and small businesses from the fiscal cliff. again, i think we saw last night yet the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialogue with this president to actually fix the problem. i hope that we see that our
democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy, and he simply won't deal honestly with entitlement reform and the big issues that are facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to...
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Dec 21, 2012
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certainly not those coming from washington. and there's so much more work to be done in this country, on jobs and income and education and energy, you are a week away from one of the worst tragedies in memory. so we've got work to do on gun safety. a host of other issues. these are all challenges that we can meet. they are all challenges that we have to meet if we want our kids to grow up in an america that's full of opportunity, possibility, as much opportunity and possibility as the america that our parent and grand parent left for us. but we're only going to be able to do it together. we're going to have to find some common ground. and the challenge that we've got right now is that the american people are a lot more sensible and a lot more thoughtful and much more willing to compromise and give and sacrifice and act responsibly than their elected representatives are. and that's a problem. there's a mismatch right now between how everybody else is thinking about these problems, democrats and republicans. outside of this town
certainly not those coming from washington. and there's so much more work to be done in this country, on jobs and income and education and energy, you are a week away from one of the worst tragedies in memory. so we've got work to do on gun safety. a host of other issues. these are all challenges that we can meet. they are all challenges that we have to meet if we want our kids to grow up in an america that's full of opportunity, possibility, as much opportunity and possibility as the america...
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Dec 21, 2012
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kate bolduan, cnn, washington. >> elise joins us from the state department. elise, give us a sense of some of the real big issues, the big concerns that he'll walk into if he is confirmed. >> well, i think, suzanne, clearly the middle east and all of the issues surrounding that. you have what's going on in egypt with president morsi and questions about his commitments to democracy and certainly the crisis in syria and how the u.s. is going to a, get rid of president bashar al assad and stand up the syrian people and help them recover once assad is out. the crisis in iran with its nuclear program and trying to get a deal this year, 2013 is seen as a real pivotal year in terms of having to deal with iran's nuclear program and then what's going on with asia and last week you have north korea testing that long-range missile. there are a lot of questions about what's going on with the leader there and this whole u.s. pivot to asia and trying to work more cooperatively to counter china. so certainly senator kerry, if he becomes the next secretary of state have a fu
kate bolduan, cnn, washington. >> elise joins us from the state department. elise, give us a sense of some of the real big issues, the big concerns that he'll walk into if he is confirmed. >> well, i think, suzanne, clearly the middle east and all of the issues surrounding that. you have what's going on in egypt with president morsi and questions about his commitments to democracy and certainly the crisis in syria and how the u.s. is going to a, get rid of president bashar al assad...
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Dec 20, 2012
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time to go, as we always do, to washington. "the situation room" with wolf blitzer begins right now. hey, wolf. >> hi, brooke. thanks very much. happening now, the connecticut shooting investigation appears to be moving into a new phase at one crime scene. stand by. >>> a blizzard, rain, and high winds. a winter storm is on the move and holiday travel potentially could be taking a big hit. information you need to know. >>> and a new hollywood film about the hunt for osama bin laden is getting a terrible review from three united states senators. i'm wolf blitzer. you're in "the situation room." right now, the house of representatives is getting closer to a showdown vote on the house speaker's plan to avoid that so-called fiscal cliff. it's a high stakes bargaining chip in the negotiations with president obama and it comes only 12 days before automatic tax hikes and spending cuts go into effect. that could take a painful toll on the u.s. economy. let's go to capitol hill. our senior congressional correspondent dana bash is standi
time to go, as we always do, to washington. "the situation room" with wolf blitzer begins right now. hey, wolf. >> hi, brooke. thanks very much. happening now, the connecticut shooting investigation appears to be moving into a new phase at one crime scene. stand by. >>> a blizzard, rain, and high winds. a winter storm is on the move and holiday travel potentially could be taking a big hit. information you need to know. >>> and a new hollywood film about the...
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Dec 17, 2012
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. >> here in washington you are known as mr. anne applebaum. >> i am proud to be married to anne. >> seven years ago. >> he looks so young. >> does he look that young today? >> he looks wonderful. >> what does that mean that he is now a minister of poland? how does that figure into your interested? >> it does not figure in directly. i have a background in knowledge i would not have otherwise. he does not influence me in a direct way. he is not sitting with me in the archives while i am looking at what happened to the hungarian film director in 1947. having this connection gives me some empathy and what happened there. >> what are the residuals from >> what are the residuals from world war ii to today in eastern europe? anything? >> one of the things that happened since 1989 is the region we used to call eastern europe has become very differentiated. these countries no longer have anything in common with one another, except a common memory of communist occupation. poland is as different as greece is from some land.-- finland. eur
. >> here in washington you are known as mr. anne applebaum. >> i am proud to be married to anne. >> seven years ago. >> he looks so young. >> does he look that young today? >> he looks wonderful. >> what does that mean that he is now a minister of poland? how does that figure into your interested? >> it does not figure in directly. i have a background in knowledge i would not have otherwise. he does not influence me in a direct way. he is not...
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Dec 26, 2012
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not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i wonder how long so and so will speak. i was one of the worst offenders. but you get to know each other. when we were on senate finance, we worked on the attorney general budget together. so we have that relationship already, something that we can build on now as she serves our state and i serve as governor. in new hampshire, if you are willing to pitch in, we can all get things done together. i want citizens to understand the relationship and goodwill are real. in 2005, our son ben had significant surgery over the summer. later in the term, he had more. he called me every day on cell ph
not only been that to washington, bringing that new hampshire attitude to washington. if what can we do to increase cooperation? >> i would echo what kelly has said. in the new hampshire state senate, people sit by district and not by political party. i had the opportunity to sit next to two of them. when you're sitting through days of debates and some contention and some contention committee get to know the people you're sitting with for you well. you get to read each other notes and i...
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Dec 17, 2012
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. >> here in washington you are known as mr. anne applebaum. >> i am proud to be married to anne. >> seven years ago. >> he looks so young. >> does he look that young today? >> he looks wonderful. >> what does that mean that he is now a minister of poland? how does that figure into your interested? >> it does not figure in directly. i have a background in knowledge i would not have otherwise. he does not influence me in a direct way. he is not sitting with me in the archives while i am looking of what happened to the hon. film director in 1947, -- while i am looking at what happened to the hungarian film director in 1947. having this connection gives me some empathy and what happened there. >> what are the residuals from two today in i eastern europe? anything? >> one of the things that happened since 1989 is the region we used to call eastern europe has become very differentiated. these countries no longer have anything in common with one another, except a common memory of communist occupation. poland is as different as greece
. >> here in washington you are known as mr. anne applebaum. >> i am proud to be married to anne. >> seven years ago. >> he looks so young. >> does he look that young today? >> he looks wonderful. >> what does that mean that he is now a minister of poland? how does that figure into your interested? >> it does not figure in directly. i have a background in knowledge i would not have otherwise. he does not influence me in a direct way. he is not...
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Dec 10, 2012
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m >> no, i was in washington. and in reykjavik and geneva. >> on the reagan staff. >> trying to figure out what the russians were up to. from your point of view as a russian expert, what was going on in the russian mind as all of this was taking place? what was the importance of the emergence of gorbachev as the leader of the soviet union? >> there were a number of very important questions out there. i think we understand now better than we understood at the time one of the misperceptions i believe that we had was that the deployment of the s.s.-20's had been calculated in advance to be a threat to europe and to decouple the alliance. now, as we look back now, we find that they had not staffed this whatsoever and it was largely a matter of the inertia of the military complex. they would build them because they could and the foreign ministry was not consulted before their decision to deploy the ss-20. we now know there was a minority of opinion after the deployment that this was a strategic error because it would b
m >> no, i was in washington. and in reykjavik and geneva. >> on the reagan staff. >> trying to figure out what the russians were up to. from your point of view as a russian expert, what was going on in the russian mind as all of this was taking place? what was the importance of the emergence of gorbachev as the leader of the soviet union? >> there were a number of very important questions out there. i think we understand now better than we understood at the time one of...
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Dec 29, 2012
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you worry about what is going on out there and i will worry about what is going on here in washington. everyone is convinced i know who it is and they bring up names was it so and sew? i don't know. >> i think it was your daughter who said to you on the phone, norman schwarzkopf if you die i will never speak to you again. >> that was my wife. >> what is that story? >> the night the war was supposed to start, the decision was made 48 hours, i needed 48 hours -- we needed 48 hours to get everything rolling, to get the airplanes in the air, get the bombers loaded up, get the refueling set up. we needed 48 hours. after the january 15 deadline we got the word ok, it is a go. then you put all of that being in motion then there is nothing you do. you sit there. the night before the war was about to begin about 11:00 or 12:00 at night i did what most people do. i sat down and wrote a letter to my family. by this time, we heard all the stuff about chemical missiles and we did not know if they were going to fire chemical missiles and we were going to have mass casualties. we did not know what w
you worry about what is going on out there and i will worry about what is going on here in washington. everyone is convinced i know who it is and they bring up names was it so and sew? i don't know. >> i think it was your daughter who said to you on the phone, norman schwarzkopf if you die i will never speak to you again. >> that was my wife. >> what is that story? >> the night the war was supposed to start, the decision was made 48 hours, i needed 48 hours -- we needed...
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here in washington, obviously, we're facing our own serious challenges. and sometimes those challenges seem so overwhelming that the notion of adding in the layer of complexity to think about the consequences outside of washington in the state legislatures and the governors' offices and in the states themselves may seem overwhelming. we are fortunate to some extent, there is some work that gets done by the congressional budget office as legislation moves through the process but i agree it's often inadequate and often comes too late in the game. and doesn't weigh on policymakers' minds successful. we're fortunate -- sufficiently. we're fortunate to talk not only about in theory but to hear really specifics from the practitioners. from folks who are on the ground, who do know what it's like. both in the political context and in the policy context of what it's like in the different states. and so let me just briefly outline how we'll spend the next hour. i'll stop in about a minute talking. i'm going to give each of the -- i'll introduce each of the chiefs o
here in washington, obviously, we're facing our own serious challenges. and sometimes those challenges seem so overwhelming that the notion of adding in the layer of complexity to think about the consequences outside of washington in the state legislatures and the governors' offices and in the states themselves may seem overwhelming. we are fortunate to some extent, there is some work that gets done by the congressional budget office as legislation moves through the process but i agree it's...
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Dec 22, 2012
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democrats continued to run washington. what the president has proposed so far simply will not do anything to solve our spending problems. he wants more spending and more tax hikes that will hurt our economy. and he simply will not deal honestly with entitlement reform and the big issues facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we will continue to work with colleagues in the house and senate on a plan that protect families and small businesses from the fiscal cliff. >> i think we saw last night yet again the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to do something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialog with this president to actually fix the problem. i hope that we see that our colleagues o
democrats continued to run washington. what the president has proposed so far simply will not do anything to solve our spending problems. he wants more spending and more tax hikes that will hurt our economy. and he simply will not deal honestly with entitlement reform and the big issues facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we will continue to...
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from "the washington post" -- that is an "the washington post." gun owners only we want to hear thinkwhether or not use iyou gun laws should be changed. caller: i do not think gun laws should be changed. in new york, we are in a quandary still with the assault weapons ban. as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactured before 1994. host: what kind of weapon do you own customer caller: i got rid of misl weapons because it was a money thing. i have the small caliber .22's right now. host: hi, ron. what do you think about the gun laws as a gun owner? caller: i have two weapons and i call them weapons because i served in our military. i have a critter gun to take care of small rodent. i would never consider an ar-15 for that purpose and an extended clip for something like rabbits or groundhogs is laughable. i also own a 12 gauge shotgun. as a person who handles an assault weapon, i can tell you they are designed
from "the washington post" -- that is an "the washington post." gun owners only we want to hear thinkwhether or not use iyou gun laws should be changed. caller: i do not think gun laws should be changed. in new york, we are in a quandary still with the assault weapons ban. as a citizen in new york, assault weapons did not drop in new york. they still have their own assault weapons ban. you can have assault weapons in new york as long as they are manufactured before 1994....
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Dec 27, 2012
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"washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books on increasing stock prices. she spoke about what she described as the corporate world in the effort to maximize profits in the short term, but but greater the long-term value of any company. [applause] >> good evening, everyone, and welcome. professor lynn stout is a distinguished professor at the cornell university law school. our work focuses on the intersection of law, business, and morality -- her work focuses on the intersection of law, business, and morality. she has worked with many organizations around the world, including the clinton global initiative. in 2012, she was named tom on the economy -- top on the economy. her new book is the shareholder yth.es met please welcome professor lynn stout. [applause] >> thank you, charles, for that kind introduction. i want to start by saying what an honor it is for me to speak in front of this audience in particular, especially the students in the clinton school. i,
"washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books on increasing stock prices. she spoke about what she described as the corporate world in the effort to maximize profits in the short term, but but greater the long-term value of any company. [applause] >> good evening, everyone, and welcome. professor lynn stout is a distinguished professor at the cornell university law school. our work focuses on the intersection of...
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Dec 23, 2012
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"washington journal" live at 7:00 a.m. eastern here on c-span. >> if you worked for him you'd get a mercurial, sometimes generous, sometimes overbearing, sometimes almost cruel boss, who didn't know how to apologize. which men of his age and class
"washington journal" live at 7:00 a.m. eastern here on c-span. >> if you worked for him you'd get a mercurial, sometimes generous, sometimes overbearing, sometimes almost cruel boss, who didn't know how to apologize. which men of his age and class
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he practiced international trade law and washington. on behalf of the west virginia state society, i would like to introduce ira shapiro. [applause] >> thank you for the kind introduction. thank you to the society for giving me the chance to be here. thanks to mike who did so much to organize the event. he is an old friend. thank you, mike. i'm delighted to be here today with corbin. we have two books that talk about robert byrd from different perspectives. my book is basically about the senate and the last great senate as i refer to it. senator byrd was the majority leader during the period of time i wrote about. it gives you an ensemble sense of how the senate works. the book originated in 2008. i had been in the senate in the 1970s and 1980s. by 2008, i decided the senate had become utterly unrecognizable to me. polarized and paralyzed, really quite dysfunctional. i decided to write a book about the senate when it was great, specifically when i was there. [laughter] when you do something like that, you have a certain risk factor. was
he practiced international trade law and washington. on behalf of the west virginia state society, i would like to introduce ira shapiro. [applause] >> thank you for the kind introduction. thank you to the society for giving me the chance to be here. thanks to mike who did so much to organize the event. he is an old friend. thank you, mike. i'm delighted to be here today with corbin. we have two books that talk about robert byrd from different perspectives. my book is basically about the...
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when they go to washington, it -- just like when boeing goes to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. very low unemployment. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. -- if you do not have it? enter a young turk in 1971. actually, he was the
when they go to washington, it -- just like when boeing goes to washington, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having...
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Dec 20, 2012
12/12
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the gentleman from washington has one minute. mr. smith: i yield myself the balance of my time to close. i really want to close just to emphasize how important the work is that our staffs do. both in the house and the senate. the work that they've done ever since may when we first put together the bill on the house side and then the accelerated time schedule that they had to operate under because the senate waited until december 4 to pass their bill and he to throw together a quick conference report. there are an endless array of critically important legislative issues that are handled in this bill. and the staffs that we have do an amazing job under a tight time line of working together to resolve differences and come up with the best legislation. we have an outstanding staff. we could not do this without them. again i will emphasize i hope this bill shows that it's possible that people who disagree, and you can hear from our debate there are many things we disagree strongly about, certainly republicans and democrats, but also house
the gentleman from washington has one minute. mr. smith: i yield myself the balance of my time to close. i really want to close just to emphasize how important the work is that our staffs do. both in the house and the senate. the work that they've done ever since may when we first put together the bill on the house side and then the accelerated time schedule that they had to operate under because the senate waited until december 4 to pass their bill and he to throw together a quick conference...